Opportunities in the Continuum of Care
Senior Consulting, LLC has completed studies that indicate there is a significant need and competitive benefit for adding more assisted living and memory care units to independent living and active adult communities to diversify offerings in the continuum of care.
We consistently see in market research that that there is an increasing need for both assisted living and memory care; with the aging Baby Boomer population, there simply are not enough facilities that can accommodate their needs, let alone communities that can accommodate their needs as they change.
Independent living facilities and active adult communities around the country should consider adding more assisted living and memory care units to their facilities to take advantage of this lack of market support and also provide new resources for their current residents. Should a resident begin to need more medical assistance or memory care, having units as part of your campus that can provide that care allows the resident to stay in a community that they call home, even as their needs change.
To help you identify the scope of this opportunity in your region, Senior Consulting, LLC offers the following initial assessment to independent living facility and active adult community operators:
• An initial analysis on a property that may be owned by your community or available for state of the art assisted living or memory care center
• An Assisted Living Market study, which includes both a financial and a cost benefit analysis
• An assessment of project funding and structure options with potential key partners that addresses your mission and operational objections
• A meeting with our principle consultants to discuss results and next steps with your key management team
Our goal is to develop a long-term relationship with community operators where we can be part of your team in the eventual operations of the developed and needed facility. Between our President, Tim Cassidy, and Senior Vice President of Operations, Stan Burton, we have over 50 years of experience in assisted living and memory care support and development to share with you and your facility.
Contact us for more information on the assisted living memory care opportunities in your independent living and active adult community.